AmEx profits up 3%, but still sets cash aside for downturn
NEW YORK (AP) — American Express profits rose a modest 3% in the third quarter despite a significant rise in…
October 2022
Oil Prices Mixed As China Demand Hopes Contends With Recession Concerns
By Laila Kearney NEW YORK (Reuters) -Oil prices toggled between negative and positive territory on Friday as hopes of stronger…
EU leaders avoid deep rift on gas price cap at energy summit
BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions on how to deal with an energy crisis…
Wall Street Jumps On Hopes Of Smaller Fed Rate Hikes
By Shreyashi Sanyal and Ankika Biswas (Reuters) – U.S. stock indexes jumped on Friday after a report said the Federal…
TSX Opens Lower As Tech, Healthcare Stocks Weigh
(Reuters) – Canada’s main stock index opened lower on Friday, bogged down by technology and healthcare shares, as investors fretted…
AmEx Forecasts Stronger Earnings Even As It Builds Bigger Provisions
By Mehnaz Yasmin and Niket Nishant (Reuters) -American Express Co on Friday forecast its full-year profit to be higher than…
Social media stocks slip amid Musk, Snap news
Shares of social media companies tumbled Friday after a slew of news in the sector that concerned investors, including a…
Verizon Profit Drops 23% As Pricier Plans Result In Subscriber Loss
By Eva Mathews (Reuters) – Verizon Communications Inc posted a 23% slide in third-quarter profit and missed market estimates for…
German parliament clears way for huge energy relief package
BERLIN (AP) — The German parliament on Friday cleared the way for the government to provide up to 200 billion…
New UK leader to face highest government debt in 60 years
LONDON (AP) — British government debt rose to the highest level in almost 60 years last month and retail sales…